q3 2015 results
Xenia Hotels & Resorts Reports Q3 2015 Net Income of $18.1 million Compared to $9.5 million in 2014
Xenia Hotels & Resorts, Inc. | November 12, 2015
Third Quarter 2015 Highlights Same-Property RevPAR: Same-Property RevPAR, as adjusted by our operators for USALI, increased 4.6% from the third quarter of 2014 to $147.81, as occupancy remained essentially flat and ADR increased 4.6%. Same-Property Hotel EBITDA Margin: Same-Property Hotel EBITDA margin was 31.8%, an increase of 60 basis points from the same period in 2014. Adjusted EBITDA: Adjusted EBITDA grew $15.2 million to $74.9 million, an increase of 25.5% over the third quarter of 2014. Adjusted FFO: Adjusted FFO available to common stockholders increased to $0.57 per diluted share compared to $0.39 per diluted share for the...
Caesars Entertainment Reports Financial Results for the Third Quarter 2015
Caesars | November 10, 2015
LAS VEGAS, Nov. 9, 2015 -- Caesars Entertainment Corporation (NASDAQ: CZR) today reported third quarter 2015 results as summarized in the discussion below, which highlights certain GAAP and non-GAAP financial measures on a consolidated basis. Caesars Entertainment Corporation is primarily a holding company with no independent operations of its own. It owns Caesars Entertainment Resort Properties, LLC ("CERP"), an interest in Caesars Growth Partners, LLC ("CGP") and various other non-operating subsidiaries. It also has majority ownership of Caesars Entertainment Operating Company, Inc. ("CEOC"). The results ...
DiamondRock Reports Q3 2015 Net Income of $24.5M Compared to $43.8M in Q3 2014; RevPAR up 2.2%
November 6, 2015
DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 29 premium hotels in the United States, today announced results of operations for the quarter ended September 30, 2015. Third Quarter 2015 Highlights Pro Forma RevPAR: Pro Forma RevPAR was $176.92, an increase of 2.2% from the comparable period of 2014. Pro Forma Hotel Adjusted EBITDA Margin: Pro Forma Hotel Adjusted EBITDA margin was 31.49%, an increase of 39 basis points from 2014. Pro Forma Hotel Adjusted EBITDA: Pro Forma Hotel Adjusted EBITDA was $73.8 million, an increase of 4.3% from 2...
Q3 2015 Financial Reports Round Up: Chatham, Strategic, Belmond, RLJ Lodging, & Ashford et al
November 5, 2015
Chatham Lodging Trust reports third quarter net income of $14.4 million compared to $8.8 million in the year ago quater. Portfolio RevPAR increased 5.3 percent to $146 for Chatham's 38, wholly owned hotels Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 134 hotels wholly or through joint ventures, today announced results for the third quarter ended September 30, 2015. In addition, the company provided initial guidance for the 2015 fourth quarter and updated its 2015 full-year guidance. Highlights: Portfol...
Q3 2015 Financial Reports Round Up: Hyatt, Chesapeake, Ryman & Summit
November 3, 2015
Hyatt Hotels Corporation reports third quarter 2015 net of $25 million compared to $32 million in Q3 2014. Comparable systemwide RevPAR increased 1.6%. Mark S. Hoplamazian, president and chief executive officer of Hyatt Hotels Corporation, said, "Our RevPAR growth was strong due to greater transient business and increased market share. These positive results drove solid fee growth across our system." Third quarter 2015 financial results are as follows: Adjusted EBITDA was $172 million in the third quarter of 2015 compared to $179 million in the third quarter of 2014, a decrease of 3.9%. Adjusted EBITDA in the third quarter o...
Q3 2015 Financial Reports Round Up: Choice & Sunstone
November 2, 2015
Choice Hotels International Reports a 10% Increase in Third Quarter EBITDA from Franchising Activities New Executed Domestic Franchise Agreements Increase 14% Company Repurchases 1 Million Shares of Stock During Third Quarter Highlights: Revenues for the three months ended September 30, 2015 totaled $241.5 million, an increase of 12 percent from the same period of 2014. Earnings before interest, taxes, depreciation and amortization ("EBITDA") from franchising activities for the three months ended September 30, 2015, totaled $81.1 million, an increase of 10 percent from the same period of 2014. Franchising margins for ...
Q3 2015 Financial Reports Round Up: Marriott, MGM, Host, & Hersha
October 29, 2015
Marriott International Reports Third Quarter 2015 Net Income of $210 million, a 9% Increase Over 2014 Third Quarter Income. Systemwide RevPAR Rose 4.5% in the Third Quarter. HIGHLIGHTS Third quarter diluted EPS totaled $0.78, a 20 percent increase over prior year results; On a constant dollar basis, worldwide comparable systemwide RevPAR rose 4.5 percent in the third quarter; North American comparable systemwide constant dollar RevPAR rose 4.2 percent in the third quarter; Marriott repurchased 9.8 million shares of the company's common stock for $702 million during the third quarter. Year-to-date through October 28, the company...
Q3 2015 Financial Reports Round Up: Hilton and Starwood
October 28, 2015
Hilton Worldwide reports third quarter 2015 net income of $279 million, an increase of $96 million from the same period in 2014. System-wide comparable RevPAR increased 5.8 percent. Highlights include: EPS, adjusted for special items, for the third quarter was $0.23, a 28 percent increase from the same period in 2014; without adjustments, EPS was $0.28 Net income attributable to Hilton stockholders for the third quarter was $279 million, an increase of $96 million from the same period in 2014 Adjusted EBITDA for the third quarter increased 13 percent from the same period in 2014 to $758 million, and Adjusted EBITDA margin increased ...
